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Sep 19, 2013
09/13
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FBC
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to raise the debt ceiling without dealing with the real drivers of our debt. we will not raise if the 83rd time without extracting a commitment that this will be the last time or put us on a path toward bending the spending art toward balance. lou: the president makes an interesting point. he said not in the history of the united states the debt ceiling or the threat of not raising the debt ceiling has been used to extort a president or a governing body. how could you have the ability to do so? it seems as if you are questioning the president. >> i am a simpleminded guy as you know, so i take facts simply. not a single republican voted for obamacare. it is wildly unpopular in most of our districts the president himself is determining which portions of that law to turn on and which portions to turnff, and you can argue unions and others are extorting him in what he turns on and turns off to use his words. he may not like the fact we are doing this strategically, but he has done the exact same thing, he just does not like it. lou: it seems he is used to some of
to raise the debt ceiling without dealing with the real drivers of our debt. we will not raise if the 83rd time without extracting a commitment that this will be the last time or put us on a path toward bending the spending art toward balance. lou: the president makes an interesting point. he said not in the history of the united states the debt ceiling or the threat of not raising the debt ceiling has been used to extort a president or a governing body. how could you have the ability to do so?...
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Oct 11, 2013
10/13
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CSPAN
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there were 34 times in which the debt ceiling was raised. i want to achieve comprehensive reform but that does not mean i will shut down the government until i get what i want. it doesn't make sense as a way of doing business. we ask countries around the world to actively pursue fiscal and structural reforms because we think it is in our interest. we ultimately look at the cost of a default. how do we pursue those policies that promote economic opportunity at home? i think the harm of default will take a decade to recover from. it is an immediate drop in economic growth, the money that comes directly out of the taxpayers pockets. home values can very well plummet at a time in which they get recovery in the housing market. duden's loans and credit cards will become more expensive. it will seriously -- student loans and credit cards will become more expensive. going into retirement, they will get their college education decimated. i think about this, the u.s. dollar is the world's most important reserve currency. u.s. treasuries are a safe hav
there were 34 times in which the debt ceiling was raised. i want to achieve comprehensive reform but that does not mean i will shut down the government until i get what i want. it doesn't make sense as a way of doing business. we ask countries around the world to actively pursue fiscal and structural reforms because we think it is in our interest. we ultimately look at the cost of a default. how do we pursue those policies that promote economic opportunity at home? i think the harm of default...
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Oct 20, 2013
10/13
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FBC
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of raise the debt ceiling. of raise the debt ceiling. raise the debt ceiling. [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. ask me what it's like the all-new 2014 s-class. to get your best night's sleep every night. [announcer] why not talk to someone who's sleeping on the most highly recommended d in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about staying asleep. [announcer] tempur-pedic owners are more satisfied than owners of any traditional mattress brand. tempur-pedic. the most highly recommended bed in america. now sleep cooler with extra cooling comfort on our bestselling tempur-breeze beds. visit tempurpedic.com to learn more, and find a retailer near you. you are gonna need a wingman. and with my cash back,
of raise the debt ceiling. of raise the debt ceiling. raise the debt ceiling. [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. ask me what it's like the all-new 2014 s-class. to get your best night's sleep...
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Oct 4, 2013
10/13
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MSNBCW
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eye 65
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if they do not up the debt ceiling, and soon. ahead of this government shutdown, last week, the great ezra klein posited that maybe if republicans got the government shutdown they wanted, that might scratch their itch. if you'd let them have a government shutdown, that might make them less likely to also want to force an economic default, which, of course, would be way, way, way worse than even the shutdown. i think of this as ezra's ya ya hypothesis, as in, let them get their ya yas out and then things might go back to normal. it does not seem like they're getting their ya yas out. today, john boehner got some headlines, like this one in "the new york times," "republicans say boehner vows to avert federal default." competent headline until you read what his office is actually saying in the article, which is that john boehner won't up the debt ceiling, in the same way that he won't fund the government. seems like what we have got now is a government shutdown. and what is as likely or more likely to be next is that disastrous defa
if they do not up the debt ceiling, and soon. ahead of this government shutdown, last week, the great ezra klein posited that maybe if republicans got the government shutdown they wanted, that might scratch their itch. if you'd let them have a government shutdown, that might make them less likely to also want to force an economic default, which, of course, would be way, way, way worse than even the shutdown. i think of this as ezra's ya ya hypothesis, as in, let them get their ya yas out and...
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Sep 30, 2013
09/13
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ALJAZAM
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the debt ceiling a somebody paying those bills raising the debt ceiling this i'm around isn't likely to cause problems with the credit rating. david walker was the u.s. comptroller general from 1998 to 2008 and he headed up the government accountability office. he joins us to explain why hitting the debt ceiling would be a problem to the u.s. economy. david there are ways to deal with spending too much money. there are people who talk about balanced budget amendments. this is not the most efficient way to deal with government spending. >> it is absolutely not. we are the only nation that has a debt ceiling that is based upon a dollar amount. really what we need is a credit card limit. we should set a limit as to how much debt as a percentage of our economy we should be able to take on and then take steps to try to restrain spending, grow the economy, move to a more efficient tax system to help us get to that limit. >> but all of this takes a real sit down between the administration and both parties so sit down and say how do we make this better, fairer and more responsible for everyo
the debt ceiling a somebody paying those bills raising the debt ceiling this i'm around isn't likely to cause problems with the credit rating. david walker was the u.s. comptroller general from 1998 to 2008 and he headed up the government accountability office. he joins us to explain why hitting the debt ceiling would be a problem to the u.s. economy. david there are ways to deal with spending too much money. there are people who talk about balanced budget amendments. this is not the most...
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Jan 23, 2013
01/13
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CSPAN
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nobody put the debt ceiling or the u.s. willingness to pay its obligations on the table in the way it was placed in the summer of 2011 and the way i fear it is placed on the table again. it was a big mistake in 2011 to create this uncertainty and fear around the world and it is a big mistake to do it again today. >> what any good-thinking patriotic american want to use the debt ceiling as a vehicle to reduce spending? what would their reasoning be certainly not to embarrass the united states of america? >> i have no idea. but i can tell you -- >> if you don't have any, maybe it is to defeat the objectives that this president, at whatever cost some so-call leaders have said. they want to stop this president and they were unsuccessful in that measure. maybe they decided to change tactics and maybe this discussion is unnecessary and we find some other way to get a hand on the deficit. let me thank you to your contribution to this conversation as you have so many times before. i yield back my time. >> thank you, mr. johnson is
nobody put the debt ceiling or the u.s. willingness to pay its obligations on the table in the way it was placed in the summer of 2011 and the way i fear it is placed on the table again. it was a big mistake in 2011 to create this uncertainty and fear around the world and it is a big mistake to do it again today. >> what any good-thinking patriotic american want to use the debt ceiling as a vehicle to reduce spending? what would their reasoning be certainly not to embarrass the united...
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Oct 24, 2013
10/13
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FOXNEWSW
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. >>> one week after the temporary of the debt ceiling. america's debt is at $17 trillion. and 28 billion was added to the federal debt. that was an overnight jump from 16.75 to 17.8 trillion of the debt because of new spending and backlog of debt accumulating. get out your calculators. the u.s. added an average of 2 billion a day to the national day. matt will try to make sense of this. matt, these numbers are a stro nommical. but there is a misconception that with the government shutdown and federal government not at its optimum capacity we might save money but since the government reopened we have dropped 328 billion in one day. how did that happen? >> in the opener, alisyn. we back paid and paid the bills from the time the government was shut down. and the time the government is shut down. things are terrible and we are not spending money and people are out of work. the people furloughed got back pay and seems to me we are spending more than on average over the time we were shut down. it is like telling your kids, you can't spend. and when they get the allowance it is g
. >>> one week after the temporary of the debt ceiling. america's debt is at $17 trillion. and 28 billion was added to the federal debt. that was an overnight jump from 16.75 to 17.8 trillion of the debt because of new spending and backlog of debt accumulating. get out your calculators. the u.s. added an average of 2 billion a day to the national day. matt will try to make sense of this. matt, these numbers are a stro nommical. but there is a misconception that with the government...
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Oct 9, 2013
10/13
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MSNBC
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. >> eyeing the debt ceiling. >> all about the debt ceiling. all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound bites. >> there is no clear way out of this. >> there are no magic bullets here. >> we are now on day eight of the government shutdown. >> day act of the government shutdown. >> our goal wasn't to shut down the government. i don't think we should default on our debt >> we have got to stop repeating this pattern. the american people are tired of it. lord knows i'm tired of it. >>> tonight senate majority leader harry reid introduce aid perfectly reasonable, one sentence bill that would raise the debt ceiling until the end of next year which is a perfectly reasonable time frame for a typical debt ceiling increase in the past. th
. >> eyeing the debt ceiling. >> all about the debt ceiling. all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound bites....
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Jan 15, 2013
01/13
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FOXNEWSW
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senator against the debt ceiling, he talked in essence how irresponsible it was to raise the debt ceiling. what in the world happened between then and now? why does somebody responsible for something raise the debt ceiling that wasn't before? what's the difference? >> i think that the president was terribly irresponsible, to say he's not talking about it because he's above it to blame congress, in part congress creates this problem, but we're going to solve this problem. i got elected to uphold the constitution and leave this country better than how we found we can't keep spending our kids inheritance, can't keep spending their money, we don't have it. >> greta: apparently he has threatened, i think his statement, at least people-- that in the event, congress doesn't authorize to raise that debt ceiling that he will do it unilaterally himself and he thinks he has the authority. do you >> absolutely not. under the 14th amendment of the constitution you can only do this as authorized by law and law is only created through the united states congress. so the president has absolutely no ground
senator against the debt ceiling, he talked in essence how irresponsible it was to raise the debt ceiling. what in the world happened between then and now? why does somebody responsible for something raise the debt ceiling that wasn't before? what's the difference? >> i think that the president was terribly irresponsible, to say he's not talking about it because he's above it to blame congress, in part congress creates this problem, but we're going to solve this problem. i got elected to...
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Jan 10, 2013
01/13
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MSNBC
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seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve that problem. looking at a darn corners of the constitution will not solve that problem. >> what is -- you know, the problem -- that -- republicans seem to have is it the leadership sort of knows that they really shun be playing politics of the debt ceiling. but the rank and file, they don't want any part of that. they want to play politics. >> this is the problem. this is my problem with people who are spending a lot of time, smart people. friends of ours who are spending a lot of time talking about the kooky ideas. you
seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve...
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Oct 7, 2013
10/13
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CSPAN
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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Oct 2, 2013
10/13
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MSNBC
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republicans are no doubt going to start talking about the debt ceiling, the debt ceiling. here's the problem. now you're starting to play a really dangerous economic and political game. and the consequences are far greater than political. and so you hope for reason, but i don't see any reason in the republican party. >> well, if john boehner isn't going to move, is there anybody else that could help move them? i want to play what michael grimm, another member of that coalition ready to deal, said this morning. >> my goal is to work with members like peter king and others to put a coalition together, you know, charlie dent has been at the forefront of this as well, to work with members like that to get enough members to go to leadership and say, listen, this is where we think we should go and this is our strategy. but all we can do is try. >> john, could members actually sway john boehner, a small, relatively small group of moderate members like that? >> the speaker has these guys on the left side of the caucus, you have the guys on the far right, he's got to balance somewh
republicans are no doubt going to start talking about the debt ceiling, the debt ceiling. here's the problem. now you're starting to play a really dangerous economic and political game. and the consequences are far greater than political. and so you hope for reason, but i don't see any reason in the republican party. >> well, if john boehner isn't going to move, is there anybody else that could help move them? i want to play what michael grimm, another member of that coalition ready to...
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Sep 24, 2013
09/13
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WTTG
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. >> days after the budget deadline next week is the debt ceiling debt line. if it is not raised the country could falter in their debt leading to worse consequences. >> the i.r.s. official at the center of the tea party scandal is retiring. lois lerner led the department. she was placed on paid leave back in may. she was in charge the agency admitted to targeting tea party groups with extra scrutiny when they applied for tax exempt status. >> baltimore rave and haves player hurt on a stripper bus -- baltimore ravens player hurt on a stripper bus. >> mike shanahan has something to say about yesterday's crushing defeat. >> tonight the fight to keep the latest grand theft auto game out of the hands of young people. >> baltimore beated rye d-- baltimore ravens player was hit in the head with a large champagne bottle. all players were at practice today. ravens coach says he had a talk with them. >> the redskins were off to their worst start in a dozen years. now 0-3 after sunday's loss to the lions at fedex field. sports director sco
. >> days after the budget deadline next week is the debt ceiling debt line. if it is not raised the country could falter in their debt leading to worse consequences. >> the i.r.s. official at the center of the tea party scandal is retiring. lois lerner led the department. she was placed on paid leave back in may. she was in charge the agency admitted to targeting tea party groups with extra scrutiny when they applied for tax exempt status. >> baltimore rave and haves player...
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Sep 20, 2013
09/13
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FBC
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ceiling or the threat of not raising the debt ceiling being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget or the debt. lou: we showed you that twice or three times we show the president's remarks twice. we were not the only ones that were incredulous that the president would choose "the washington post" fact checker also we should bring up of for pinocchio over his remarks that is as bad as it gets because lawmakersgoing back to the 1950's have use the debt limit to four separate issues the president himself was ever got flooded against the debt ceiling the pinocchio is piling up just day congratulations on your most recent on the debt ceiling those comments were amazing or even historic calling it an active tear the day after happened these things add up. the three pinocchio for cleaning gun sales lack backward tracks in three for cleaning aid is based on land to new democratic procedure? just to for low balling the number of jo the keystone pipeline would create too for cleaning you had five and a thousand manufact
ceiling or the threat of not raising the debt ceiling being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget or the debt. lou: we showed you that twice or three times we show the president's remarks twice. we were not the only ones that were incredulous that the president would choose "the washington post" fact checker also we should bring up of for pinocchio over his remarks that is as bad as it gets because...
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Jan 15, 2013
01/13
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FOXNEWSW
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they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to world war i, everybody was paid
they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the...
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Oct 9, 2013
10/13
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MSNBCW
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only over the counter treatment for overactive bladder. it's good to know how to put the control back in your go. new oxytrol for women. now over the counter in the feminine care aisle. visit oxytrolforwomen.com to learn more. >>> if congress refuses to raise what's called the death ceiling, america would not be able to meet all of our financial obligations for the first time in 225 years. and because it's called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a dime
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only...
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Oct 10, 2013
10/13
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CSPAN2
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debt ceiling denies needed dose of debt ceiling reality and you have given them that today. you have said or i think in just about these words you said prioritization is default by another name and prioritization is extremely difficult as you said. do we pay foreign debts or veterans benefits? do we make sure social security benefits go out or pay medicare. do we pay for education. american people don't want that. they would want to pass a clean debt ceiling bill and avoid those awful choices but i would like to talk about the other -- one of the debt ceiling deniers i read in the new york times, congressman brown, also said much of what he learned in medical school where lies the came from in his words the pits of hell. if we a people and -- letting people like this beat us, god save america. i would like to deal with the second issue. which is the timing. in my view we are like a blindfolded man walking towards a cliff and if we keep walking in that direction, very soon we will fall off. we may fall off on october 16th, we may fall off on october 17th, we may fall on oct.
debt ceiling denies needed dose of debt ceiling reality and you have given them that today. you have said or i think in just about these words you said prioritization is default by another name and prioritization is extremely difficult as you said. do we pay foreign debts or veterans benefits? do we make sure social security benefits go out or pay medicare. do we pay for education. american people don't want that. they would want to pass a clean debt ceiling bill and avoid those awful choices...
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Jan 3, 2013
01/13
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KPIX
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fought over the debt ceiling, america's credit rating was downgraded. and the debt and spending cuts are issues the next congress will have to deal with. new members will be sworn in tomorrow. live on capitol hill, danielle nottingham, cbs 5. >>> they may not be happy in d.c. but they are thrilled on wall street. stocks surged in the new year after lawmakers reached their deal. the dow was up more than 300 points its biggest one-day gain in six months. the nasdaq and s&p were also up dramatically. >>> the cost of going green is going up because we're so good at recycling. we're being punished in a sense. many bay area cities have recently raised garbage rates and others are thinking about it. cbs 5 reporter da lin on what's behind the increases. >>> reporter: you can almost say recology is a victim of its own success. the san francisco trash hauler claims customers are recycling more and throwing away less and that's cutting into its bottom line. recology wants to increase both commercial and residential rates. the residential rates would go up by about
fought over the debt ceiling, america's credit rating was downgraded. and the debt and spending cuts are issues the next congress will have to deal with. new members will be sworn in tomorrow. live on capitol hill, danielle nottingham, cbs 5. >>> they may not be happy in d.c. but they are thrilled on wall street. stocks surged in the new year after lawmakers reached their deal. the dow was up more than 300 points its biggest one-day gain in six months. the nasdaq and s&p were also...
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Jan 2, 2013
01/13
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FOXNEWSW
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you're making case there shouldn't even be a debt ceiling. >> shouldn't be a debt ceiling. because debt ceiling pertains to money already spent. issue is spending itself. if you don't alou debt ceiling to pay for bills already incurred we default and then we've really got a problem. debt ceiling is phony issue. not phony for us to talk about, it is for money already spent. bill: all right. tucker, let you respond to that. ceiling first established in 1917. put on the screen. raised 102 times since first created. congress voted to raise the debt limit 11 times since 2001. i saw you shaking your head, tucker. >> of course we had this almost 100 years. this was created when we issued debt to fund the first world war. we're not getting rid of the debt ceiling. factual point i think alan misstated here. the credit rating was not downgraded over fiscal cliff because our balance books were out of whack. the rating agency said so at the time. u.s. government's debt to be too big. by the way to be totally clear and viewers may not understand this, the official debt number doesn't in
you're making case there shouldn't even be a debt ceiling. >> shouldn't be a debt ceiling. because debt ceiling pertains to money already spent. issue is spending itself. if you don't alou debt ceiling to pay for bills already incurred we default and then we've really got a problem. debt ceiling is phony issue. not phony for us to talk about, it is for money already spent. bill: all right. tucker, let you respond to that. ceiling first established in 1917. put on the screen. raised 102...
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Jan 5, 2013
01/13
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and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about fiscal sanity. we can reach fiscal sanity. we have been working very well toward that. but this is all about ideology and philosophy. >> you called speaker boehner courageous for sending the fiscal cliff bill to the floor. you know speaker boehner saw republican defections in the speaker vote this week, he has favored heavy criticism from tea partiers and others. do you suspect similar courage from boehner in the weeks ahead? >> i think he wants to be krajuous. it's really horrible when an example of bipartisanship causes such consternation in one party. boehner w
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about...
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Oct 9, 2013
10/13
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MSNBCW
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eye 55
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our fastest-growing industries. let's invest in our future. join exxonmobil in advancing math and science education. let's solve this. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our...
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91
Oct 6, 2013
10/13
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CSPAN
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eye 91
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my guess is greece did not have a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and all of the other things you have exempted from the shutdown. would this be even worse than the shutdown? >> the full faith and credit act, in accordance with the constitution, explicitly exempts social security. it would not be a part of the calculation. at some point we have to deal with this debt crisis. there are those who always want to put it off to the next day. i am sure there were voices in greece, in detroit, saying put it off for another day. but no, we have to do this today. i am saying this not just as a congressman, but as the father of a 10-year-old son and 11- year-old daughter. o
my guess is greece did not have a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and...
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Oct 11, 2013
10/13
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ceiling increase, there appears to be a real chance that this congress will not pass a debt ceiling increase before october 17th. now, i hope that we do pass a debt ceiling increase with appropriate reforms because there's no question in my mind at some point, if we don't raise the debt ceiling, it will become disruptive. as you know, ongoing tax revenue's only about 85 percent of all the money this government intends to spend in the coming fiscal year. so if we only get 85 percent of everything we intend to spend in tax revenue, the 15 percent shortfall would have to be covered by borrowing, or else we wouldn't be able to pay everything in full and on time. and that would be disrupted. but the greatest disruption by far would occur if you were to choose to not pay interest on our debt. senator cantwell made a very compelling argument about the unique role that u.s. treasury securities play in the world, and for the united states. so my question for you, mr. secretary, as the secretary of the the treasury, are you prepared to assure us, but more importantly, the millions of american
ceiling increase, there appears to be a real chance that this congress will not pass a debt ceiling increase before october 17th. now, i hope that we do pass a debt ceiling increase with appropriate reforms because there's no question in my mind at some point, if we don't raise the debt ceiling, it will become disruptive. as you know, ongoing tax revenue's only about 85 percent of all the money this government intends to spend in the coming fiscal year. so if we only get 85 percent of...
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Jan 17, 2013
01/13
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FBC
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adam: before we get to the debt ceiling. california overestimated how much tax revenue they would get from the facebook ipo. the overestimated by $600 million. you can hear jerry brown doing a homer simpson. can you trust governments to get the numbers right? the fight over the debt ceiling is in full force. as democratdemocrats propose a o eliminate it completely and the ratings have come out with two scenarios in which it was downgraded the u.s. credit rating. not good news. some republicans are relishing the debt ceiling does indeed have to be raised. joining us now, ihs chief economist and we appreciate you being here. is this fight we are about to have necessary, and what is going to happen to whether it is the global market, 401(k), what will happen to all of us if congress passes this fight? >> this is not a necessary fight. this situation created by congress which sent the debt ceilinfrom years ago in hopes it would impose some discipline but of course it hasn't because it has been raised and raised and raised and no
adam: before we get to the debt ceiling. california overestimated how much tax revenue they would get from the facebook ipo. the overestimated by $600 million. you can hear jerry brown doing a homer simpson. can you trust governments to get the numbers right? the fight over the debt ceiling is in full force. as democratdemocrats propose a o eliminate it completely and the ratings have come out with two scenarios in which it was downgraded the u.s. credit rating. not good news. some republicans...
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Oct 9, 2013
10/13
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the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership proposes. the president has repeatedly assured republicans this will never happen. >> i'm going to repeat it. there will be no negotiations over this. the united states government p pays its bills. that's non-negotiable. we're not going to negotiate around the debt ceiling. >> the republicans think they have the support of the american people. the latest polling finds that 70% of americans disapprove of congressional republicans handling of the budget. that's up from 63% just last week. the latest national journal poll are even worse than the gop. 80
the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership...
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david stockman house the truth about the debt truth about the debt ceiling. life an everyday miracle of survival today the future of all life on earth hangs in the balance what happens next depends on us ♪ well you done done me and you bet i felt it ♪ i tried to be chill but you're so hot that i melted ♪ i fell right through the cracks ♪ now i'm trying to get back ♪ before the cool done run out i'll be giving it my bestest ♪ and nothing's going to stop me but divine intervention ♪ i reckon it's again my turn ♪ to win some or learn some ♪ but i won't hesitate no more, no more ♪ it cannot wait, i'm yours ♪ open up your mind and see like me ♪ open up your plans and damn you're free you'll find that the sky'snd yours ♪ so please don't, please don't, please don t ♪ there's no need to complicate ♪ cause our time is short ♪ this oh, this oh, this is our fate ♪ i'm yours lou: bringing you a stay on tropical storm karen with is expected to make landfall by tomorrow in the vienna right now birling to the coast with winds of 50 m.p.h. a
david stockman house the truth about the debt truth about the debt ceiling. life an everyday miracle of survival today the future of all life on earth hangs in the balance what happens next depends on us ♪ well you done done me and you bet i felt it ♪ i tried to be chill but you're so hot that i melted ♪ i fell right through the cracks ♪ now i'm trying to get back ♪ before the cool done run out i'll be giving it my bestest ♪ and nothing's going to stop me but divine intervention ♪...
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he was separating the debt ceiling from the c.r. everything in that article was actually about the debt ceiling. it was about how do we get a handle on our debt and the deficits? i actually great with everything. >> why did all your friends jump on him so bad then? >> i think people were misunderstanding what he was saying. i talked to paul today about it. he maid it clear that he was separating both issues. >> my feeling about that as well is he didn't include retch in that. is revenue off the table? >> probably. i hate to do this but because of the time of the program, i have to thank representative. we're delighted to have you back. next we cease fire. we look for common ground. we want to you weigh in on today's fire back question. would reaching the debt limit be catastrophic for the u.s. economy? tweet yes or no using hash tag crossfire. we'll have the results after the break. la's known definitely for its traffic, congestion, for the smog. but there are a lot of people that do ride the bus. and now that the buses are running
he was separating the debt ceiling from the c.r. everything in that article was actually about the debt ceiling. it was about how do we get a handle on our debt and the deficits? i actually great with everything. >> why did all your friends jump on him so bad then? >> i think people were misunderstanding what he was saying. i talked to paul today about it. he maid it clear that he was separating both issues. >> my feeling about that as well is he didn't include retch in that....
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Oct 10, 2013
10/13
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well, the debt ceiling deniers -- debt ceiling rails and you've given them that today. basically you said, or think just about these words, you said prioritization is to qualify under the name. prioritization is extremely difficult, as you said. he would pay for this or veterans benefits? to remake social security benefits go out, or pay medicare? do we pay for an education? do we pay our troops? american people don't want that. they would certainly want us to class a clean debt ceiling bill and avoid those awful choices. but i would like to talk about the other and by the way, one of the debt ceiling to there's i read in the nea near-term, congressman named brown. he also said that much of what he learned in medical school were lies. they came from in his words the pits of hell. if we are letting people like this lead us, god save america. now, i'd like to deal with the second issue, which is the timing. in my view, we are like a blindfolded man walking towards a cliff. if we keep walking in that direction, very soon we will fall off. we may fall off on october 16. we
well, the debt ceiling deniers -- debt ceiling rails and you've given them that today. basically you said, or think just about these words, you said prioritization is to qualify under the name. prioritization is extremely difficult, as you said. he would pay for this or veterans benefits? to remake social security benefits go out, or pay medicare? do we pay for an education? do we pay our troops? american people don't want that. they would certainly want us to class a clean debt ceiling bill...
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Oct 10, 2013
10/13
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they didn't downgrade over a debt ceiling. the downgraded it because they lost confidence that we are willing to deal with our debt. that is the issue that i believe we need to focus on. cbo has recently stated that if we continue our current path, at some point investors would begin to doubt the government's willingness or ability to pay the u.s. debt obligations. i think at some point another credit rating agency is going to become convinced that we will not deal with our debt crisis. so the question that i have to the panel if the threat of default that each of you talked about, the fault on the u.s. treasury obligations, is that greater because of the fight we are having in washington right now over whether the debt ceiling will be extended or is it not far greater role for the fact we cannot get into the negotiations to resolve our entitlement spending and to reform our tax code? >> i know you mentioned this in your comment so let me mention this. >> center, as i said in my statement, i think that credit worthiness depend
they didn't downgrade over a debt ceiling. the downgraded it because they lost confidence that we are willing to deal with our debt. that is the issue that i believe we need to focus on. cbo has recently stated that if we continue our current path, at some point investors would begin to doubt the government's willingness or ability to pay the u.s. debt obligations. i think at some point another credit rating agency is going to become convinced that we will not deal with our debt crisis. so the...
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Sep 18, 2013
09/13
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ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to vote on it and typically, there's some guns in terms of making the president's party shoulder the burden and then there's some political campaign later that smacks around for saying, joe smith voted to raise the debt ceiling by $2 trillion and it soupds terrible and it's a fun talking point for politics, but it always gets done. if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of
ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to...
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Oct 10, 2013
10/13
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what is the debt ceiling? it sounds -- in fact, this morning i listened as the minority leader said it's raising the credit card limit. no, it isn't. that's not an accurate statement. it is raising the authority of our government to borrow money to pay for what we've already spent. many of the same politicians who voted for the spending bills now don't want to pay for it. they don't want to extend this debt ceiling, the credit of the united states. that is totally irresponsible. it's ordering the biggest meal on the menu and then refusing to pay when the bill comes. that's where they stand. that's what they are arguing. but it's even worse. it would be the first time in the history of the united states of america that we will have defaulted on our national debt, the first time that we called into question the full faith and credit of the united states of america. how serious is it? let me tell you how serious it is. pick up the morning paper. world leaders fear a default by the united states, in "the washingto
what is the debt ceiling? it sounds -- in fact, this morning i listened as the minority leader said it's raising the credit card limit. no, it isn't. that's not an accurate statement. it is raising the authority of our government to borrow money to pay for what we've already spent. many of the same politicians who voted for the spending bills now don't want to pay for it. they don't want to extend this debt ceiling, the credit of the united states. that is totally irresponsible. it's ordering...
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Oct 1, 2013
10/13
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MSNBC
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are they discounting likelihood of a possibility of a debt ceiling -- debt default that really would have catastrophic consequences? >> i think there is a misunderstanding between wall street and washington on this. there is an understandably general sense that these crises are always resolved at the last minute and that's probably right. but you'll have a bunch of wall street ceos in town tomorrow, that will go to the white house and talk to the president and go up to the hill and make phone calls. we cannot get close to the october 17th day because interest rates will start going up and markets will go down. there will be pressure there. tea party conservatives don't care what wall street says. i think the small group of moderate republicans and some wall street republicans that still exist, that argument will carry weight that it's dangerous to do this close to the dead limit. that may be the forcing mechanism. but we're talking about a shut down for two weeks that hits confidence any way and we have a economic hit regardless. it would be too bad if we waited until the october 17t
are they discounting likelihood of a possibility of a debt ceiling -- debt default that really would have catastrophic consequences? >> i think there is a misunderstanding between wall street and washington on this. there is an understandably general sense that these crises are always resolved at the last minute and that's probably right. but you'll have a bunch of wall street ceos in town tomorrow, that will go to the white house and talk to the president and go up to the hill and make...
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Oct 6, 2013
10/13
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ALJAZAM
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this, as time ticks way for that looming debt ceiling debt line. that's coming up on october 17th. president obama called on house republicans to end the budget stalemate. >> we can vote to open the government today. we know there are enough to open who are prepared to vote to open the government today. >>> according to the national weather service, the storm will move near the louisiana coastline. as it tracks east for you, it will continue to lose strength. >> u.s. forces have carried out raids on targets in libya and somalia. it launched an operation in a coastal town in somalia. officials stay raid in tr ipo li tatargeted an al qaeda member ta u.s. embassy bombing in 1988. >>> he wa was a member of the al qaeda team. >>> it was interesting of such activity there and none of these targets are very easily. >> i would imagine that the west gate of more attacking kenya is probably the american special forces and insurgents community to take advantage of whatever information they have to see oh it back against al-shabab and also against al qaeda. i guess the ben ghazi attack is fres
this, as time ticks way for that looming debt ceiling debt line. that's coming up on october 17th. president obama called on house republicans to end the budget stalemate. >> we can vote to open the government today. we know there are enough to open who are prepared to vote to open the government today. >>> according to the national weather service, the storm will move near the louisiana coastline. as it tracks east for you, it will continue to lose strength. >> u.s. forces...